PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
ESTC vs. MELI
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Key characteristics


ESTCMELI
YTD Return-20.83%19.39%
1Y Return17.49%30.06%
3Y Return (Ann)-21.27%4.74%
5Y Return (Ann)3.75%27.89%
Sharpe Ratio0.230.85
Sortino Ratio0.801.29
Omega Ratio1.131.19
Calmar Ratio0.230.98
Martin Ratio0.583.24
Ulcer Index24.12%9.62%
Daily Std Dev60.54%36.66%
Max Drawdown-74.33%-89.49%
Current Drawdown-52.23%-12.33%

Fundamentals


ESTCMELI
Market Cap$9.24B$100.25B
EPS$0.61$28.28
PE Ratio147.2169.92
PEG Ratio4.911.36
Total Revenue (TTM)$1.01B$18.43B
Gross Profit (TTM)$746.11M$8.78B
EBITDA (TTM)-$89.00M$2.37B

Correlation

-0.50.00.51.00.5

The correlation between ESTC and MELI is 0.50, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Performance

ESTC vs. MELI - Performance Comparison

In the year-to-date period, ESTC achieves a -20.83% return, which is significantly lower than MELI's 19.39% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-40.00%-30.00%-20.00%-10.00%0.00%10.00%20.00%JuneJulyAugustSeptemberOctoberNovember
-17.54%
7.88%
ESTC
MELI

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

ESTC vs. MELI - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Elastic N.V. (ESTC) and MercadoLibre, Inc. (MELI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


ESTC
Sharpe ratio
The chart of Sharpe ratio for ESTC, currently valued at 0.23, compared to the broader market-4.00-2.000.002.004.000.23
Sortino ratio
The chart of Sortino ratio for ESTC, currently valued at 0.80, compared to the broader market-4.00-2.000.002.004.006.000.80
Omega ratio
The chart of Omega ratio for ESTC, currently valued at 1.13, compared to the broader market0.501.001.502.001.13
Calmar ratio
The chart of Calmar ratio for ESTC, currently valued at 0.23, compared to the broader market0.002.004.006.000.23
Martin ratio
The chart of Martin ratio for ESTC, currently valued at 0.58, compared to the broader market0.0010.0020.0030.000.58
MELI
Sharpe ratio
The chart of Sharpe ratio for MELI, currently valued at 0.85, compared to the broader market-4.00-2.000.002.004.000.85
Sortino ratio
The chart of Sortino ratio for MELI, currently valued at 1.29, compared to the broader market-4.00-2.000.002.004.006.001.29
Omega ratio
The chart of Omega ratio for MELI, currently valued at 1.19, compared to the broader market0.501.001.502.001.19
Calmar ratio
The chart of Calmar ratio for MELI, currently valued at 0.98, compared to the broader market0.002.004.006.000.98
Martin ratio
The chart of Martin ratio for MELI, currently valued at 3.24, compared to the broader market0.0010.0020.0030.003.24

ESTC vs. MELI - Sharpe Ratio Comparison

The current ESTC Sharpe Ratio is 0.23, which is lower than the MELI Sharpe Ratio of 0.85. The chart below compares the historical Sharpe Ratios of ESTC and MELI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.00JuneJulyAugustSeptemberOctoberNovember
0.23
0.85
ESTC
MELI

Dividends

ESTC vs. MELI - Dividend Comparison

Neither ESTC nor MELI has paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
ESTC
Elastic N.V.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
MELI
MercadoLibre, Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.19%0.38%0.36%0.52%0.53%

Drawdowns

ESTC vs. MELI - Drawdown Comparison

The maximum ESTC drawdown since its inception was -74.33%, smaller than the maximum MELI drawdown of -89.49%. Use the drawdown chart below to compare losses from any high point for ESTC and MELI. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-52.23%
-12.33%
ESTC
MELI

Volatility

ESTC vs. MELI - Volatility Comparison

The current volatility for Elastic N.V. (ESTC) is 7.57%, while MercadoLibre, Inc. (MELI) has a volatility of 20.22%. This indicates that ESTC experiences smaller price fluctuations and is considered to be less risky than MELI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%25.00%30.00%JuneJulyAugustSeptemberOctoberNovember
7.57%
20.22%
ESTC
MELI

Financials

ESTC vs. MELI - Financials Comparison

This section allows you to compare key financial metrics between Elastic N.V. and MercadoLibre, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities



Values in USD except per share items